SKM, S.K. Telecom, nyse, depressed buy, w/close stop Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : SKM, S.K. Telecom, nyse, depressed buy, w/close stop

SKM 20.21

+0.2%

Oct 31 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: peter michaelson who wrote (91)	3/4/1998 8:04:00 PM
From: Renee H.	Read Replies (1) of 122

Peter, I have done the same calculation as you for SKM and found a premium of 75% (March 3), but am not 100% sure about the name of the underlying South Korean stock. I used ticker TKEL5 referring to Korea mobile telecommunications corporation, rather than South Korean Telecom (which I could not locate). Is this the name you used also to calculate the premium? Have you read anything more on the size of the premium? Any news on the recent price declines? The increase in the limit to foreign participation to 50% in December on the surface appears to have eroded premiums substantially, from reportedly 135% (without causing however a decline in price in SKM given the recovery of the won), but if the information posted earlier on this site is correct, that foreign participation will only be expanded next year (and by 5%), there may not be much to worry about. I found the following site extremely useful for tracking fx changes and stock prices on world exchanges: stocksmartpro.com Greetings

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next